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Persistent link: https://www.econbiz.de/10005803098
The paper analyzes recent changes in U.S. peanut policy as enacted in the 2002 Farm Security Act. A model representing the impact of the 2002 farm bill on the domestic and foreign prices of edible peanuts is constructed and the gains and losses to peanut producing states are measured.
Persistent link: https://www.econbiz.de/10005803126
The 2002 Farm Bill affects economic activity of farms and ranches in the southern United States. Using stochastic simulation techniques, key financial variables were projected for 39 representative farms and ranches in ten southern states. Results indicate 24 of 39 farms studied have more than a...
Persistent link: https://www.econbiz.de/10005327171
Explaining the details and the impacts of government program provisions to agricultural producers can be a challenge for extension educators. This paper introduces a visual interactive tool that demonstrates the calculations of government payments established in the 2002 farm bill. Additionally,...
Persistent link: https://www.econbiz.de/10005038896